WICHITA, Kan. – NCUA filed another civil suit this afternoon against a Wall Street bank, this time naming Credit Suisse Securities USA, as chief defendant, alleging that its sale of $715 million of faulty residential mortgage –backed securities helped cause the collapse of three corporate credit unions, U.S. Central FCU, WesCorp FCU and Southwest Corporate FCU.

EAGLE BUTTE, S.D. – CR Community First, a tiny credit union serving the Cheyenne River Sioux Reservation and one of just two dozen credit unions chartered over the past five years, has been merged into giant Black Hills FCU, the state’s largest credit union.

BLOOMINGTON, Ill. – A desperate robber who told a teller at Bloomington Municipal CU he had nothing to lose when he threatened to set off a backpack bomb agreed to plead guilty yesterday to reduced charges after it was revealed he robbed the credit union as his family was being evicted from their home.

MOSS POINT, Miss. – Singing River FCU is asking women across the Gulf Coast to join the fight against breast cancer by donating a bra to the “Bras Across the River” event.

NILES, Mich. – Greater Niles Community FCU has completed the conversion of its core processing to CU*Answers’ CU*Base system.

LANSING, Mich. – Lake Trust CU is testing TraceSecurity’s cloud-based risk, compliance and audit tool.

PLEASANTON, Calif. – 1st United Services CU has selected Toronto-based Fonolo to provide phone-based customer service to its members.

POCATELLO, Idaho – Idaho Central CU has rolled out Mobile Deposit, a mobile banking feature that will enable members to securely deposit checks using their smart phone or tablet.

MUNCIE, Ind. – Ball State FCU has signed with Geezeo to implement the company’s white label personal financial management and engagement banking solution.

MOLINE, Ill. – Deere Employees CU has contracted with IQR Consulting to provide it with a review of its credit and debit card portfolio performance.

SAN ANTONIO – Generations FCU yesterday named Steve Schipull, its chief financial officer, as the new president and CEO of the $400-million credit union.

NORTH HAVEN, Conn. – Connex CU said its Connex Insurance Services CUSO has acquired CPM Insurance Services, a Cheshire, Conn., provider of personal and business insurance products.

SAN FRANCISCO – A federal court here on Wednesday agreed to dismiss a member’s suit claiming Alliant CU violates consumer laws by the way it processes debit transactions, the eighth overdraft suit dismissed out of a total of nine filed against credit unions since April.

PORTLAND, Ore. – Five Oregon credit unions have submitted the required notice and paperwork with the Oregon State Treasury to allow them to accept and hold large government fund deposits under a new program designed to give Oregon government agencies more options for deciding where to keep funds.

ALEXANDRIA, Va. – NCUA on Wednesday ruled it can approve a charter change for a healthy credit union in order to facilitate its merger with another healthy credit union.

TOKYO – Ogaki Kyoritsu Bank has introduced ATMs that allow customers to withdraw cash, make deposits and check account balances by using biometric palm scans instead of ATM cards.

PHILADELPHIA – A federal judge has agreed to dismiss an ATM disclosure suit brought by a Pennsylvania man against Philadelphia FCU under the Electronic Funds Transfer Act, one of 20 ATM suits filed by the serial plaintiff over the past 12 months.

BOSTON – First Marblehead Corp., provider of a private label student loan platform, announced this morning it has agreed to acquire certain assets and liabilities of Cology Inc., a provider of student loan processing and servicing for more than 250 lenders, most of them credit unions.

POMONA, Calif. – A parolee arrested for a string of bank robberies and a dangerous police chase after April’s heist at First Financial CU in West Covina was sentenced to 150 years to life in prison by a state court here.

MARTINSBURG, W.Va. – 167th TFR FCU has contracted with NeighborBench, a cloud based platform that connects credit unions with a team of compliance experts, to help simplify compliance.